Wednesday, November 18, 2009

Natural Health Trends Announces 3Q Results

Source: Market Wire

"Natural Health Trends Corp. today announced its financial results for the quarter ended September 30, 2009. The company reported sales of $5.7 million and an operating loss of $1.7 million for the quarter.

The company attributed lower sales to multiple factors. There was an increase of $1.5 million in unshipped orders in Hong Kong caused by certain customs issues that delayed orders placed between mid-August through the end of the quarter. These issues were mostly resolved by early November. However, this delay also caused a delay in new product orders as some members waited for a resolution of the customs issue."

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